Love your attitude Colin!

Agreed. But I don’t see your job getting any easier. They need to do something to stop the flow of all that new credit into real estate.

That said, I don’t think our regulators want real estate prices to go much higher.

Especially as central banks are suppressing interest rates. No telling how far this run with go. Still potentially 6 more RBA cuts. Then QE? I sure hope not, but anything is possible in this day.

That is a great one. Thanks Colin!

Good luck. I don’t think they can afford it. Gotta keep their share prices up while also meeting soon-to-come tighter capital requirements.

Good question.

I remember Steve writing “Property Investing” on a white board in 2007 and asking, “Which of these two words is more important to you?” His point was that we are “investors” first and “property” may or may not be the best asset to hold.

Eventually there will be a tipping point where people are no longer willing to take such…[Read more]

Anything to add @Terryw?

Good questions there from @Terryw. First decide whether you’re a growth investor or income investor. In light of current rental yields, unless you’re sitting on seven figures of cash, you’re probably a growth investor.

A few questions…

The majority voting Coalition, is it mainly about keeping negative gearing and CGT tax concessions?

If you’re not fond of any of the above four options, is there any other party worth empowering? If so, why?

Unfortunately, rental vacancies are at an all-time high now in Perth, about three times that of the long-term average. This is pushing the median rent price down, as tenants have a lot to choose from. It’s definitely a market-wide problem, so not necessarily your property managers fault.

Market pressures will make it tough to increase rent, so…[Read more]

Sometimes “if next door has done it” is not a good thing. Some councils have rules about not developing too close (say within 50m) of another multi-unit development. But assuming the builder you spoke to knows the area, proximity may not be a problem.

Minimum lot size requirements only pertain to freehold (Torrens) titles. If it’s a shared…[Read more]

@deancollins I’d say the recent jobs report is mostly smoke and mirrors – many of those new jobs are low-paying and part-time in hospitality and retail. Don’t see another Fed rate rise coming myself.

I’d say the recent jobs report is mostly smoke and mirrors – many of those new jobs are low-paying and part-time in hospitality and retail. Don’t see another Fed rate rise coming myself.

Looks like you’ve received some good advice @ameetvbhat, but here’s an article I wrote on the topic last year:

https://www.propertyinvesting.com/the-dangers-of-cross-collateralisation/